4200 Victory Dr, Columbus, GA 31903
1.67-acre portfolio with retail space and development potential.
- Added:
- Apr 28, 2025
- Days on Market:
- 418
- Last Refresh:
- Jan 20 at 8:57 am
Property Features for 4200 Victory Dr
General Information
- Standard status
- Active
- Size
- 2,505 SF
- Lot size
- 1.67 Acres
Listing agent Jack Hayes License #336627 (706) 580-0614
Listing office G2 Commercial Real Estate (706) 580-0614
Listing date Apr 28, 2025
Source Exprealty
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HighLights
- 1.67 acres of contiguous parcels with significant commercial development potential.
- High‑visibility location with over 28,000 average daily traffic count.
- Existing income‑producing retail space generating $2,400 per month with no landlord maintenance.
- Eight parcels zoned Neighborhood Commercial (NC) allowing for diverse commercial uses.
- Portfolio includes 10 parcels.
- Two parcels zoned Single‑Family Residential (SFR) offering potential for future rezoning or redevelopment.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.7k | $18.24 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $43.6k | $17.40 |
| − OpEx | −$13.1k | −$5.22 |
| NOI | $30.5k | $12.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.9404
- Latitude
- 32.4082